Property Details for 39-43 Plenty Rd, Preston
Last Listing description (April 2022)
Preston Investment with Long 10-Year Net Lease
Stonebridge Property Group is pleased to present for sale 33-43 Plenty Road, Preston.
- Tenanted by Work by Amber on a 10-year net lease secured by favourable bank & personal guarantees
- State of the art co-working space spanning 1,005 sqm*, includes podcast studios, boardrooms & private offices, enjoys 26 m* of Plenty Road exposure & the benefit of 24 secure car spaces
- The property is located within the high-quality & near new 120 apartment Newbury development
- Strategically positioned within a high-density pocket of Preston directly adjacent a major supermarket (Woolworths) & within 200 m* of 400+ completed or upcoming apartments
- Forming the ground floor of the high-quality 120* apartment Newbury development
*Approx.
**Income has been forecast following the September CPI Increase
To obtain further information or to arrange an inspection, please contact the exclusive selling agents:
Stonebridge Property Group:
Nic Hage
0448 782 594
Max Warren
0488 296 892
Rorey James
0439 400 081
Sarah Xi
0468 320 297
Property Code: 377
Property History for 39-43 Plenty Rd, Preston, VIC 3072
- 18 Apr 2022Sold - Price Undisclosed
- 04 Mar 2022Listed for Sale Contact Agent
- 13 Jun 2019Listed for Rent - Price not available
Recent sales nearby
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About Preston 3072
The size of Preston is approximately 11.5 square kilometres. There are 30 parks, covering nearly 4.7% of the total area. The population of Preston in 2016 was 32851 people. By 2021 the population was 33790 showing a population growth of 2.9% in the area during that time. The predominant age group in Preston is 30-39 years. Households in Preston are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Preston work in a professional occupation.In 2021, 57.30% of the homes in Preston were owner-occupied compared with 56.70% in 2016.
Preston has 21,611 properties. Over the last 5 years, Houses in Preston have seen a 2.00% increase in median value, while Units have seen a 7.96% increase. As at 30 June 2026:
- The median value for Houses in Preston is $1,201,443 while the median value for Units is $647,230.
- Houses have a median rent of $700 while Units have a median rent of $575.
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